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I won’t argue the point, I like yourself like to discuss the subject, without hard assets like gold and silver backing the US dollar, we have Bitcoin and whatever other investors think fits that model, but I’ll stick with Bitcoin since I don’t see our government or the Fed getting back to a hard asset dollar, especially with our debt structure and other significant governmental obligations, social security, Medicare and so forth, as you know.
Thanks
Thanks and yes, that would help!
Here’s to a massive run for Bitcoin!
We agree on the fact that a ton of junk coins won’t make it, but (not arguing with you, just focused on the bitcoin trade)
Trump hated Bitcoin too. He had a lot of good points in his term, but this is fact.
Thanks!
https://www.tmz.com/2021/06/07/trump-calls-bitcoin-scam-compete-dollar-currency/
A strong dollar yes, but massive debt created too. I’m apolitical on this subject discussion and just dealing with facts.
The Dems are a tax and printing press machine.
Read this that was on my last post:
https://markets.businessinsider.com/news/currencies/donald-trump-crypto-bitcoin-disaster-fake-money-hurting-dollar-cryptocurrencies-2021-9
Trump is anti crypto!
He was for a long time, just like the rest of all the rest of the presidents.
For accuracy… Most all Presidents back the Fed and the dollar printing machine.
JFK was for a hard currency and yes, I believe, sadly, he was the last one to believe this!
https://markets.businessinsider.com/news/currencies/donald-trump-crypto-bitcoin-disaster-fake-money-hurting-dollar-cryptocurrencies-2021-9
Agree with you completely on your points!
Trump is totally against Bitcoin and all cryptos, only pro the dollar and the Fed printing machine.
Yes, BTC hash rate rising and just continuing up! If the CCP can’t have control, then they’ll stop it internally, Alibaba, Ma, media stars, and any that don’t tow their line and dominance.
This is more out of FEAR of losing control, like with ANT’s micro loan program showing the failures of the large banks to lend to the small business and up and little accounts, but lending mostly to “connected”businesses to the CCP!
Massive economic problems ahead and their population for now have few choices, for now. You’re right, the media on this side will bash, most always, because of the the unwritten rule of top guest list interviews that are Fed Friendly! If your media position is opposed to them, (so much for freedom of speech, which should have included integrity, full honesty and thought, then those guests most always, won’t be available to appear on your show. Steady declines of key guests, ratings fears and sponsors lost! Financial duress over truth! Bitcoin will prove them wrong, as is happening right in front of us!
Right On!
As said by Bill Miller, “the beginning of mainstreaming,” just like gold and silver in the 1970s. Standard speed starting and getting ready to warp speed!
Sure there will be volatility, but it’s the major acceptance of the asset class that is happening before us from very prestigious firms, for multiple reasons, both publicly disseminated and otherwise!
As you read through major firms public actions/announcements, the real key to me is what they discuss and their reasoning for being involved with Bitcoin, et al, privately.
Thanks dandream!
One of the real problems coming are the arb desks/institutional customers and whales, along with high leverage sites, being offside short and covering where a nightmare situation occurs and they break ranks from a bear pool standpoint and it’s everyone for themselves on covering, let alone other factors, like the announce Monday on trade violations by China according to the administration and what will be done to heat up a serious and potential financial conflict with China.
Maybe that’s another reason why China banned all crypto except their own along with a lack of central control (sounds like the Fed), fear of capital flight and other complex accelerant issues to their economic situation. This is just unfolding and who would say Bitcoin and other type positions are not in some degree a hedge to competent portfolio managers across the spectrum. This is just beginning!
Excellent post tw!
Fed buddies, as you and most know can’t support Bitcoin which is contrary to their control of the money system and lock!
They’ll trade it on their arb desks, but not support the ownership publicly.
Been there and lived it!
There’s possibly a reckoning coming that they know they can’t stop as the base of the institutional/retail investor support wave grows (even with more regulation coming) and greater adoption by corporate and countries as diversification in their treasury assets. Wait till countries with other green energy approaches start adopting in their reserves and mining!
The UAP/BTC will bolt into interstellar space! IMO
Great article and Thanks Investors3!
Indestructible!
Wait till the whales are absorbed by institutions and many other investors, as gold was by the dominance of central banks in the 1970s. As size overhang is dissipated, Bitcoin could turn into a startling investment!
Solid! Very Good!
Very possible! You’re short, contact a realtor to sell the house!
The bears are sucking their paw in the back of the cave in hibernation because they’re burnt! Crispy Critters! Sure there’s fluctuation, NORTH!!!!
Solidly well said!
Kudos!
YW
There’s a fortune to be made for us here!
Life changing! Ignore these uniformed drum beating bears! Neophytes and non-historian investors!
IMO
Add to zeros…some idiots picked BTC to go to $2,000… they ARE DEAD WRONG!!!
BANANA THAT!! If you’re saying going to $200,000, I think much higher! IMO
They are pissed off and wishing for a crash or looking for money frantically to cover their margin calls! BBQ TIME!!
$2,000 prediction!! Haha
The expert should have listened to their kid! In the 1970s they said hold was over and will probably be confiscated again, as many of you know. The central banks ran the show… now they can’t! The whales will be cashing out and BRC will flow to longer term hands… a repeat of gold with the CBs The storehouse, immediate transferability of capital, ease of use and scarcity says it!! Where are you hauling your bars of gold in a crisis? We are at the beginning of this financial revolution! Yes, there will be major fluctuations because of the thinness of the trade. As major acceptance comes into play and family offices, corporations, and many others figure this diversity and what this is, as has Fidelity, Goldman, Morgan Stanley and on and on…oh that’s right, they’re stupid too, right…wrong!
When the first ETF, Black Swan event, further inflation, the money printing presses running wild…well those that font have some diversity here, and now many institutions and family wealth offices are already moving so some BTC, because they have to, for diversity! Say what you wish, but Saylor, Woods and other brilliant minds with foresight see over the horizon…. For those that don’t believe, watch the gold movie all over again from the 70s… except bigger! IMO
KING OF CRYPTO “BITCOIN” WILL BE THE GODZILLA IF OUR TIME!
IMO
Enjoy the weekend Shorty!
Thanks! Please correct me if I’m wrong, you said once before you worked with this company before, years ago, in promotion?
Without a Wizard’s wand!
What makes you “sure”?
Your promo background or privileged knowledge? Please enlighten us...
Thanks